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Governor disburses N1bn cash to SMEs

Ibrahim Ahmadu by Ibrahim Ahmadu
January 8, 2026
in Breaking News
0
Naira

Naira

Governor Babagana Zulum of Borno State, on Thursday, disbursed N1 billion cash to Small and Medium-Scale Enterprises (SMEs) in five Local Government Areas (LGAs) of Borno South Senatorial District.
Unveiling the disbursement in Biu LGA, the governor said that the funds were intended to support entrepreneurs and enhance business sustainability in rural communities.
The beneficiaries were drawn from Biu, Hawul, Shani, Bayo and Kwaya-Kusar council areas.
Zulum said that the direct injection of capital into the SME sector is essential for driving grassroots development and fostering self-reliance in the post-insurgency recovery phase.
The governor, however, ordered the immediate employment of 200 young individuals from Biu, saying the employment was aimed at tackling youth restiveness and promoting social stability in the area.
He also inaugurated a fully remodelled “Second Chance School” for the vulnerable girls and women in Biu.
Zulum stated that the facility was part of a strategic initiative designed to offer adult women, including those who missed formal education or dropped-out of-school due to prevailing challenges.
The governor said that the school’s curriculum was tailored toward providing comprehensive skills’ acquisition, critical digital knowledge, basic literacy and numeracy training.
Zulum also visited Biu Specialist Hospital where he announced the immediate and automatic employment of several dedicated volunteer health workers.
He also inspected the 100-unit teachers’ housing estate under construction in Biu town, saying the facility was a motivational strategy to attract and retain qualified teaching professionals in public schools.
The governor had also directed the immediate commencement of rehabilitation work on the Borno State Hotel Annexe in Biu.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.